Debtfree Magazine Issue 11 of 2021
SA's free magazine about dealing with debt, debt counselling and debt review. This month we look at the topic of debt addiction. Could you be addicted to debt? We also look at how two debt counsellors were fined R500 000 each. Why? News, Reviews, Tips and advice and more.
SA's free magazine about dealing with debt, debt counselling and debt review.
This month we look at the topic of debt addiction. Could you be addicted to debt?
We also look at how two debt counsellors were fined R500 000 each. Why?
News, Reviews, Tips and advice and more.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
PDA AUTOMATIC
CONSUMER UPDATES
MAY NOT BE ENOUGH
The NCT ruling in the Fourie matter indicated that they feel that the PDA
sending update emails, statements and sms’ to consumers does not
mean the consumer is “fully informed” about their debt review.
Even having a help line for consumers to call to get more info may not
be enough.
Beware!
It seems Debt Counsellors must communicate with consumers more
than that, and preferably get some very concrete proof that they have
been informed along the way.
One way Debt Counsellors can do this is by having very detailed service
contracts with consumers (and not just application Form 16’s).
Change language